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Techmeme
November 12, 2025, 4:45 AM
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Top News

Robert Hart / The Verge:
Google unveils Private AI Compute, a cloud platform providing a “secure, fortified space” to run AI tools on devices, similar to Apple's Private Cloud Compute  —  Google says Private AI Compute maintains privacy while tapping cloud resources.
BBC:
The UK proposes an amendment to the Crime and Policing Bill allowing “authorized testers” to proactively assess AI models for their ability to generate CSAM  —  A new law will allow authorised testers to assess AI models for their ability to generate abuse material
Bloomberg:
China says the December 2020 theft of 127,272 bitcoin, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US  —  China's cybersecurity agency accused the American government of orchestrating the theft about $13 billion worth of Bitcoin …
James Hunt / The Block:
SoFi launches SoFi Crypto, saying it is the first nationally chartered bank in the US to offer crypto trading to consumers, rolling out in phases  —  - SoFi has launched SoFi Crypto to offer crypto trading for consumers, the first directly integrated crypto offering under its national bank charter.
Ian King / Bloomberg:
AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years  —  Advanced Micro Devices Inc., Nvidia Corp.'s nearest rival in AI chips, predicted accelerating sales growth over the next five years …
Ivan Mehta / TechCrunch:
Google unveils new features for Pixel phones, including AI-powered notification summaries, notification prioritization, and AI photo edits in Messages  —  Google announced its November software update for Pixel phones, called Pixel Drop — a quarterly feature release that brings new capabilities …
Elyse Betters Picaro / ZDNET:
Google rolls out Nano Banana image editing upgrades in Photos, including a “help me edit” feature that lets users make edits using text or voice prompts
Ashley Capoot / CNBC:
CoreWeave closed down 16% after CEO Mike Intrator admitted delays at a data center developer that Jim Cramer implied may be Core Scientific; CORZ fell 10%+  —  CoreWeave shares closed down 16% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer …
Financial Times:
Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following a similar move by Nintendo with the Switch 2  —  Sony is launching a cut-price model of its flagship PlayStation 5 to be sold only in Japan, in an inflation-busting move to boost sales …
Steve Dent / Engadget:
Sony says the PlayStation 5 has sold a total of 84.2M units since its launch in November 2020, including 3.9M units sold in Q2, up from 3.8M in Q2 2024
Sarah Perez / TechCrunch:
Threads adds new features for podcasters, as it tries to become the de facto place for people to talk about shows and engage with creators  —  Threads, Meta's competitor to X, will now begin targeting a specific type of creator: podcasters.  The company said on Tuesday that Threads will focus …
Ben Weiss / Fortune:
Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B  —  Brian Armstrong, cofounder and CEO of Coinbase.  —  One of the largest deals ever for a stablecoin startup has fallen through.
Jie Ye-eun / The Korea Herald:
South Korea's KT launches a sovereign cloud for Korean enterprises built on Azure, with encrypted in-memory computing and strict local data governance  —  KT Corp. on Wednesday announced the launch of its public cloud service, developed in partnership with Microsoft, in a strategic bid …

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From Mediagazer

Benjamin Mullin / New York Times:
Paramount completes its $110B acquisition of WBD, creating Skydance and putting David Ellison in control of Hollywood studios, streamers, and cable networks

Michael Schneider / Variety:
Amazon's Prime Video acquires exclusive global rights to the Primetime Emmys under a six-year deal from 2027; sources say Prime Video will pay ~$15M per year

New York Times:
Disney is seeking an injunction in US District Court to block the FCC from conducting an unusual, early review of eight ABC-owned station licenses

More News

Todd Spangler / Variety:
ElevenLabs launches an Iconic Voice Marketplace for licensing AI versions of famous voices, such as Michael Caine's; Matthew McConaughey invests in the company
Dade Hayes / Deadline:
Amazon says ads on Prime Video reach 315M viewers across its series and films, live sports and events, and free, ad-supported live channels
Upmanyu Trivedi / Bloomberg:
A UK judge sentences a Chinese woman to 11 years and eight months in prison for laundering bitcoin linked to a $5.6B investment scheme; the UK seized 61K BTC
Ben Weiss / Fortune:
Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation

Earlier Picks

Dominic Preston / The Verge:
Samsung rolls out its Vision AI Companion, a generative AI-powered upgrade to its Bixby assistant, across its 2025 TV lineup, with support for 10 languages
Deborah Sophia / Reuters:
Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100.4M net loss in Q3, up from $39.7M in Q3 2024; NBIS is up 250%+ YTD
David Keohane / Financial Times:
SoftBank sold its entire Nvidia stake, or ~32M shares, in October for $5.8B and part of its T-Mobile stake for $9.2B, boosting Q2 profit to $16.2B, above est.
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